cash flow reconciliationreview2023-03-31
Operating, investing and financing flows differ from the reported change in cash by 470000000, beyond tolerance 51590000.00.
Revenue
$403.43B
Fiscal year ended 2026-03-31Operating income
$6.21B
Fiscal year ended 2026-03-31Free cash flow
$5.72B
Fiscal year ended 2026-03-31MCKESSON CORP (MCK) reported revenue of $403.43B and net income of $4.76B for the fiscal year ended 2026-03-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from MCKESSON CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Wholesale-Drugs, Proprietaries & Druggists' Sundries.
Income
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $403.43B | $359.05B | $308.95B | $276.71B | $263.97B | $238.23B | $231.05B | $214.32B | $208.36B | $198.53B |
| Cost of revenue | $388.88B | $345.73B | $296.12B | $264.35B | $250.84B | $226.08B | $219.03B | $202.56B | $197.17B | $187.26B |
| Gross profit | $14.55B | $13.32B | $12.83B | $12.36B | $13.13B | $12.15B | $12.02B | $11.75B | $11.18B | $11.27B |
| Operating income | $6.21B | $4.42B | $3.91B | $4.38B | $2.04B | -$5.04B | $2.49B | $886.00M | $762.00M | $7.12B |
| Net income | $4.76B | $3.30B | $3.00B | $3.56B | $1.11B | -$4.54B | $900.00M | $34.00M | $67.00M | $5.07B |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $96.00M | $71.00M | $125.00M | $341.00M |
| Weighted-average diluted shares | shares 124.10M | shares 128.10M | shares 134.10M | shares 142.20M | shares 154.10M | shares 160.60M | shares 181.60M | shares 197.30M | shares 209.00M | shares 223.00M |
| Pretax income | $6.20B | $4.36B | $3.79B | $4.63B | $1.93B | -$5.03B | $1.14B | $610.00M | $239.00M | $6.89B |
| Income tax expense | $1.10B | $878.00M | $629.00M | $905.00M | $636.00M | -$695.00M | $18.00M | $356.00M | -$53.00M | $1.61B |
| Diluted EPS | $38.38 | $25.72 | $22.39 | $25.03 | $7.23 | $-28.26 | $4.95 | $0.17 | $0.32 | $22.73 |
| Selling, general & administrative | $8.10B | $8.51B | $8.66B | $7.78B | $10.54B | $8.85B | $9.18B | $8.44B | $8.14B | $7.45B |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $3.98B | $5.69B | $4.58B | $4.68B | $3.53B | $6.28B | $4.02B | $2.98B | $2.67B | $2.78B |
| Total assets | $82.32B | $75.14B | $67.44B | $62.32B | $63.30B | $65.02B | $61.25B | $59.67B | $60.38B | $60.97B |
| Current assets | $57.21B | $55.40B | $47.97B | $44.29B | $46.23B | $45.38B | $42.22B | $38.46B | $37.14B | $36.95B |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $67.02B | $61.60B | $52.36B | $47.96B | $48.47B | $44.10B | $42.62B | $37.63B | $36.68B | $35.61B |
| Total equity incl. NCI | -$1.78B | -$1.69B | -$1.60B | -$1.49B | -$1.79B | $175.00M | $5.31B | $8.29B | $10.06B | $11.27B |
| Temporary (mezzanine) equity | $943.00M | $0 | Unavailable | Unavailable | $0 | $1.27B | $1.40B | $1.39B | $1.46B | $1.33B |
| Inventory | $24.21B | $23.00B | $21.14B | $19.69B | $18.70B | $19.25B | $16.73B | $16.71B | $16.31B | $15.28B |
| Accounts receivable | $27.98B | $25.64B | $21.62B | $19.41B | $18.58B | $19.18B | $19.95B | $18.25B | $17.71B | $18.22B |
| Goodwill | $11.32B | $10.02B | $10.13B | $9.95B | $9.45B | $9.49B | $9.36B | $9.36B | $10.92B | $10.59B |
| Long-term debt | $5.26B | $4.46B | $5.58B | $4.63B | $5.08B | $6.41B | $6.34B | $7.26B | $6.75B | $7.30B |
| Accounts payable | $59.97B | $55.33B | $47.10B | $42.49B | $38.09B | $38.98B | $37.20B | $33.85B | $32.18B | $31.02B |
Cash flow
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.16B | $6.08B | $4.31B | $5.16B | $4.43B | $4.54B | $4.37B | $4.04B | $4.34B | $4.74B |
| Capital expenditures | $436.00M | $537.00M | $431.00M | $390.00M | $388.00M | $451.00M | $362.00M | $426.00M | $405.00M | $404.00M |
| Investing cash flow | -$3.43B | -$733.00M | -$1.07B | -$542.00M | -$89.00M | -$415.00M | -$579.00M | -$1.38B | -$2.99B | -$3.27B |
| Financing cash flow | -$4.63B | -$3.96B | -$3.34B | -$4.37B | -$6.32B | -$1.69B | -$2.73B | -$2.23B | -$3.08B | -$2.07B |
| Net change in cash | -$1.89B | $1.37B | -$94.00M | $744.00M | -$2.46B | $2.37B | $1.04B | $309.00M | -$1.58B | -$738.00M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $69.00M | $115.00M |
| Common dividends paid | $381.00M | $345.00M | $314.00M | $292.00M | $277.00M | $276.00M | $294.00M | $292.00M | $262.00M | $253.00M |
| Common share repurchases | $4.75B | $3.15B | $3.02B | $3.64B | $3.52B | $742.00M | $1.93B | $1.64B | $1.71B | $2.31B |
| Depreciation & amortization | $287.00M | $272.00M | $279.00M | $272.00M | $312.00M | $344.00M | $335.00M | $317.00M | $951.00M | $910.00M |
Derived
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $5.72B | $5.55B | $3.88B | $4.77B | $4.05B | $4.09B | $4.01B | $3.61B | $3.94B | $4.34B |
| Gross margin | 3.6% | 3.7% | 4.2% | 4.5% | 5.0% | 5.1% | 5.2% | 5.5% | 5.4% | 5.7% |
| Operating margin | 1.5% | 1.2% | 1.3% | 1.6% | 0.8% | -2.1% | 1.1% | 0.4% | 0.4% | 3.6% |
| FCF margin | 1.4% | 1.5% | 1.3% | 1.7% | 1.5% | 1.7% | 1.7% | 1.7% | 1.9% | 2.2% |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 0.85x | 0.90x | 0.92x | 0.92x | 0.95x | 1.03x | 0.99x | 1.02x | 1.01x | 1.04x |
| Revenue YoY growth | 12.4% | 16.2% | 11.7% | 4.8% | 10.8% | 3.1% | 7.8% | 2.9% | 4.9% | Unavailable |
| Net margin | 1.2% | 0.9% | 1.0% | 1.3% | 0.4% | -1.9% | 0.4% | 0.0% | 0.0% | 2.6% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 0.1% | 0.2% |
| CapEx / revenue | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 17.8% | 20.1% | 16.6% | 19.5% | 33.0% | Unavailable | 1.6% | 58.4% | -22.2% | 23.4% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MCK in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-05View SEC filing
10-K · Filed 2026-05-08View SEC filing
10-Q · Filed 2026-02-04View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-06View SEC filing
10-K · Filed 2025-05-09View SEC filing
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
cash flow reconciliationreview2022-03-31
Operating, investing and financing flows differ from the reported change in cash by 540000000, beyond tolerance 63210000.00.